ARLEQUIN: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARLEQUIN
Largest movements
- Receivables within one year -€9,690
down €9,690 (-71.6%), from €13,543 to €3,853
of which Trade receivables: -€9,690
- Deferred charges and accrued income -€3,678
down €3,678 (-96.1%), from €3,825 to €147
- Stocks and contracts -€1,999
down €1,999 (-2.2%), from €92,461 to €90,462
- Profit (loss) carried forward -€18,222
down €18,222, from €17,251 to -€972
- Other debts +€6,950
up €6,950 (+81.8%), from €8,501 to €15,451
- Trade debts -€5,094
down €5,094 (-44.3%), from €11,490 to €6,396
- Current portion of long-term debt +€3,000
up €3,000 (+30.0%), from €10,000 to €13,000
- Tax, wage and social debts -€1,113
down €1,113 (-20.0%), from €5,555 to €4,443
- Gross operating margin -€7,557
down €7,557 (-117.0%), from -€6,460 to -€14,017
- Financial income +€846
up €846 (+428.5%), from €197 to €1,043
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,991 | €96,669 | -€14,322 | -12.9% |
| Fixed assets | 21/28 | €55 | €55 | = | 0.0% |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Current assets | 29/58 | €110,937 | €96,615 | -€14,322 | -12.9% |
| Stocks and contracts in progress | 3 | €92,461 | €90,462 | -€1,999 | -2.2% |
| Stocks | 30/36 | €92,461 | €90,462 | -€1,999 | -2.2% |
| Amounts receivable within one year | 40/41 | €13,543 | €3,853 | -€9,690 | -71.6% |
| Trade receivables | 40 | €11,808 | €2,117 | -€9,690 | -82.1% |
| Other amounts receivable | 41 | €1,735 | €1,735 | = | 0.0% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,107 | €2,152 | +€1,045 | +94.4% |
| Deferred charges and accrued income | 490/1 | €3,825 | €147 | -€3,678 | -96.1% |
| Total equity and liabilities | 10/49 | €110,991 | €96,669 | -€14,322 | -12.9% |
| Equity | 10/15 | €70,155 | €51,932 | -€18,222 | -26.0% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Outside capital | 11 | €26,029 | €26,029 | = | 0.0% |
| Other | 1109/19 | €26,029 | €26,029 | = | 0.0% |
| Reserves | 13 | €26,875 | €26,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,603 | €2,603 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,603 | €2,603 | = | 0.0% |
| Distributable reserves | 133 | €24,272 | €24,272 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,251 | -€972 | -€18,222 | |
| Amounts payable | 17/49 | €40,837 | €44,737 | +€3,900 | +9.6% |
| Amounts payable within one year | 42/48 | €40,837 | €44,737 | +€3,900 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €13,000 | +€3,000 | +30.0% |
| Financial debts | 43 | €4,491 | €5,448 | +€957 | +21.3% |
| Credit institutions | 430/8 | €4,491 | €5,448 | +€957 | +21.3% |
| Trade debts | 44 | €11,490 | €6,396 | -€5,094 | -44.3% |
| Suppliers | 440/4 | €11,490 | €6,396 | -€5,094 | -44.3% |
| Advances received on contracts in progress | 46 | €800 | - | -€800 | |
| Taxes, remuneration and social security | 45 | €5,555 | €4,443 | -€1,113 | -20.0% |
| Taxes | 450/3 | €5,555 | €4,443 | -€1,113 | -20.0% |
| Other amounts payable | 47/48 | €8,501 | €15,451 | +€6,950 | +81.8% |
| Other operating charges | 640/8 | €2,623 | €2,745 | +€122 | +4.7% |
| Gross operating margin | 9900 | -€6,460 | -€14,017 | -€7,557 | -117.0% |
| Operating profit (loss) | 9901 | -€9,083 | -€16,762 | -€7,679 | -84.5% |
| Financial income | 75/76B | €197 | €1,043 | +€846 | +428.5% |
| Recurring financial income | 75 | €197 | €1,043 | +€846 | +428.5% |
| Financial charges | 65/66B | €2,485 | €2,504 | +€19 | +0.8% |
| Recurring financial charges | 65 | €2,485 | €2,504 | +€19 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,371 | -€18,222 | -€6,852 | -60.3% |
| Profit (loss) for the period | 9904 | -€11,371 | -€18,222 | -€6,852 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,371 | -€18,222 | -€6,852 | -60.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.